When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate inv…
Author: Amy Castor
Another Cryptocurrency Exchange Hack Hits Japan
Another cryptocurrency heist has shaken Japan. This time, 6.7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.Tech Bureau Corp, the …
“Someone’s Got to Be the Voice of Reason” — Kraken Responds to NY AG Report
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does n…
Crypto Exchange Poloniex Dumps Eight Underperforming Coins
Cryptocurrency exchange Poloniex is delisting eight coins: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC).The announce…
Cryptocurrency Exchange OKCoin Expands U.S. Offerings with Five New Coins
Following a successful launch in California only a few months ago, the U.S. branch of cryptocurrency exchange OKCoin is adding five new coins to its listings. Those coins include Ripple (XRP), Cardano (ADA), Stel…
Cryptocurrency Exchanges Fall Short in Safeguarding Funds: Report
In April 2018, former New York Attorney General Eric Schneiderman sent off inquiries to more than a dozen cryptocurrencyexchanges to learn more about their internal operations. Now, after months of investigation,…
Federal Judge Applies Long-Established Securities Law to ICOs
Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.On September…
OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. As of 9:30 pm loc…
Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemina Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar. New York Department of Financial Services (NYDFS) ga…
U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs
Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U.S. regulatory watchdog due to investor confusion.Starting September 9, 2018, the Secur…